U.S. SEC Agrees To Scrap $30,000,000 BlockFi Fine Until Bankrupt Crypto Lender Pays Its Creditors

The U.S. Securities and Exchange Commission (SEC) has decided to allow bankrupt crypto lender BlockFi to prioritize its creditors over its civil penalties. BlockFi owes the SEC a $30 million fine stemming from 2022 charges, but the regulator agreed to scrap the penalty until the company can pay off the parties who lost money when The post U.S. SEC Agrees To Scrap $30,000,000 BlockFi Fine Until Bankrupt Crypto Lender Pays Its Creditors appeared first on The Daily Hodl .